People are living longer than ever before, a phenomenon undoubtedly made necessary by the 30-year mortgage. ~ Doug Larson Update: This article was included in the Carnival of Financial Planning #136 posted at Bargaineering. Thanks! On Monday, several Canadian banks boosted their fixed mortgage rates by 60 basis points (.60%). That’s a pretty big hike…
Tag Archive: mortgage
Financial Priorities: Focus vs. Diffusion
I try to take one day at a time, but sometimes several days attack me at once. ~ Jennifer Yane Update: This article is featured in the Money Hackers Blog Carnival #109 posted at Maximizing Money. Thank you! I’ve written a lot of “vs.” posts comparing various financial priorities like RRSPs vs. TFSAs and RRSPs…
Where Are Interest Rates Going?
Credit buying is much like being drunk. The buzz happens immediately and gives you a lift . . . The hangover comes the day after. ~ Joyce Brothers Update: This post is featured in the Money Hackers Carnival #103 at Need Money Tips. Yesterday’s post outlined in detail the debt overhang that I believe will…
Our 2010 Financial Plan
Map out your future, but do it in pencil. ~ Jon Bon Jovi Well, after the last 2 years, my pencil is 2 centimetres long and my eraser – well, let’s just say I have a new one. Budgeting and goal setting have been a real challenge recently for reasons outlined in Our Money Story…
Our Money Story: Part II
In theory one is aware that the earth revolves, but in practice one does not perceive it. The ground upon which one treads seems not to move, and one can live undisturbed. So it is with Time in one’s life. ~ Marcel Proust, The Past Recaptured, 1927 Yesterday I posted Part I of Our Money…
2010 What Ifs
Year’s end is neither an end nor a beginning but a going on, with all the wisdom that experience can instill in us. ~ Hal Borland Yesterday we looked at some notes that I had made at the beginning of 2009. Today, we look at possible problem areas for 2010. Again, these are obviously not…
